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One of the reasons I wanted to be a high earner as a kid was because I saw people go under due to medical expenses and expenses taking care of handicapped peopl
by tomcam 4y ago
One of the reasons I wanted to be a high earner as a kid was because I saw people go under due to medical expenses and expenses taking care of handicapped people. Fast forward a couple of decades and... I'm taking care of handicapped family members and paying a shit ton for an admittedly fantastic medical insurance plan. This would be extreme hardship for most people, but I was able to retire early & am able to handle the load.
I will say there are tons and tons of programs for people in this position. I haven't taken advantage of any of them but most areas have some kind of "navigator" to help you find the ones best for you.
- ct0 4y agoPretty incredible fore site even as a child. What would you say contributed to this thought?
- paisawalla 4y agoIn my case, we had a grandparent living with us for more than ten years when growing up. Living in a multigenerational household, and having friends and family who did the same, gave me the certainty that that's what I wanted for my family as well. It's not without its challenges, but it's unthinkable for me, my wife, or any of our extended family to put our parents in a nursing home. I have one cousin whose parents live about five houses up the road from his family -- that's an ideal situation AFAIC.
- tomcam 4y agoMy mom taught multiply handicapped kids and often brought them home for observation/further treatment. I grew up sort of thinking it was super common so I just needed to be ready. In retrospect I understand it's wacky thinking but hey, it worked out well.